TFI International (TSE:TFII) Stock: Insider Leslie Abi-Karam Buys 2,143 Shares

TFI International Inc. (TSE:TFII) Director Leslie Abi-Karam bought 2,143 shares of TFI International stock in a transaction on Monday, November 9th. The shares were purchased at an average price of C$133.75 per share, for a total transaction of C$286,626.25. Following the acquisition, the director directly owned 9,745 shares in the company, valued at approximately C$1,303,393.75. This trade represents a 28.19% increase in their position.

TFI International Stock Up 0.2%

Shares of TSE:TFII opened at C$133.96 on Wednesday. TFI International Inc. has a 52-week low of C$113.72 and a 52-week high of C$233.85. The firm has a market capitalization of C$10.96 billion, a P/E ratio of 31.01, a P/E/G ratio of 1.01 and a beta of 1.80. The stock has a 50 day moving average price of C$164.09 and a 200-day moving average price of C$178.96. The company has a debt-to-equity ratio of 106.02, a quick ratio of 1.18 and a current ratio of 1.11.

TFI International (TSE:TFII) last released its quarterly earnings results on Thursday, October 29th. The company reported C$2.38 earnings per share for the quarter. The company had revenue of C$3.18 billion for the quarter. TFI International had a return on equity of 12.95% and a net margin of 4.22%. As a group, equities research analysts anticipate that TFI International Inc. will post 12.23 EPS for the current fiscal year.

TFI International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were issued a $0.47 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $1.88 dividend on an annualized basis and a yield of 1.4%. TFI International’s dividend payout ratio is 43.52%.

Wall Street Analysts Forecast Growth

TFII has been the topic of a number of research reports. Desjardins boosted their target price on shares of TFI International from C$221.00 to C$245.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Scotiabank decreased their price target on shares of TFI International from C$263.00 to C$235.00 and set a “sector outperform” rating for the company in a research note on Thursday, October 15th. Four equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$179.40.

About TFI International

TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States,Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: Less-Than-Truckload; Truckload; Logistics.